Kenmec Mechanical Engineering Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 03:53 pm EDT
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Kenmec Mechanical Engineering Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,014.032 million compared to TWD 1,290.868 million a year ago. Operating income was TWD 77.884 million compared to operating loss of TWD 225.582 million a year ago. Net loss was TWD 1.089 million compared to net income of TWD 1,697.786 million a year ago. Basic eps was TWD 0 compared to TWD 6.92 a year ago. Diluted eps was TWD 0 compared to TWD 6.58 a year ago. For the half year, sales was TWD 1,885.018 million compared to TWD 2,222.684 million a year ago. Operating income was TWD 11.798 million compared to operating loss of TWD 348.508 million a year ago. Net loss was TWD 63.595 million compared to net income of TWD 1,660.498 million a year ago. Basic loss per share was TWD 0.26 compared to basic earnings per share of TWD 6.76 a year ago. Diluted loss per share was TWD 0.26 compared to diluted earnings per share of TWD 6.43 a year ago.
KENMEC MECHANICAL ENGINEERING CO., LTD. is a Taiwan-based company primarily engaged in the research, development, production and sales of solar cells. The Company mainly operates through four business segments. The Automation Business segment is mainly engaged in the production, sales, installation and leasing of automated assembly line equipment and related supporting facilities. The Solar Power Generation Systems segment is mainly engaged in the manufacture of power generation, transmission and distribution equipment, as well as wireless communications equipment. The Electronic Components segment is principally engaged in the manufacture of electronic components. The Others segment is mainly engaged in the solar water heaters and real estates businesses.
KENMEC MECHANICAL ENGINEERING CO., LTD. 